Tampa Bay Lightning's Free Agency Decisions: Who to Keep, Who to Let Go (2026)

The Tampa Bay Lightning find themselves at a crossroads this offseason, with a salary cap increase offering both opportunities and challenges. While the cap will rise to $104 million, the team must navigate its decisions wisely, avoiding the pitfalls of past cap headaches. Among the pending unrestricted free agents, two players stand out as potential keeps and two as likely walks, each decision carrying its own implications and strategic considerations.

Keeping Darren Raddysh: A Wise Investment

In my opinion, re-signing Darren Raddysh is a no-brainer. At 31 years old, Raddysh had a career-best season, racking up 22 goals and 70 points on a cap hit of just $975,000. What makes this particularly fascinating is that Raddysh's success wasn't a fluke; he had combined for only 70 points in the previous two seasons. The Lightning should aim to capitalize on this momentum, but they must do so wisely. Personally, I think the team should limit Raddysh's next contract to four seasons at an average annual value (AAV) of $5 million. This approach balances the team's desire to retain Raddysh with the need to manage the salary cap effectively.

Letting Oliver Bjorkstrand Walk: A Costly Mistake

Conversely, the decision to let Oliver Bjorkstrand walk should be an easy one. Bjorkstrand's acquisition in March 2025 was seen as a way to add scoring depth, but it didn't pan out. His injury-plagued season and underwhelming performance, with only 12 goals and 32 points, highlight the risks of overpaying for players who don't deliver. The Lightning should wipe their hands clean of this deal, keeping the cap space and moving on. The cost of acquiring Bjorkstrand, including two first-round picks, was high, and the team should focus on reinvesting that capital in other areas.

Keeping Declan Carlile: A Smart Move

Declan Carlile, a Group 6 UFA, is an intriguing option for the Lightning. With the team's defensive depth tested this season, Carlile's low cap hit of $775,000 makes him a logical choice to ink to another deal. An ideal contract would include an AAV of $900,000 and a two-year, two-way contract. This approach provides the team with a reliable depth option without breaking the bank. While Carlile's re-signing might not be a priority for many, it's a smart move for the Lightning to ensure they have options in the system.

Letting Corey Perry Walk: A Fresh Start

Corey Perry's reunion with the Lightning was fun while it lasted, but his absence in the playoffs raises questions. At 39 years old, Perry's cap hit is low, and the team should let him find a new home. The Lightning should use his roster spot on a young player, one of the top prospects who are on the verge of being NHL-ready. This approach aligns with the team's desire to look to the next generation and keep the Stanley Cup window open. While Perry's departure might be bittersweet, it's a necessary step for the team's long-term success.

A Broader Perspective

As the Lightning navigate these decisions, they must consider the broader implications. The salary cap increase offers opportunities to reinvest in the team, but it also requires careful planning. The team should focus on retaining key players who have proven their worth, while also making strategic moves to add depth and youth. The Lightning's success in the coming years will depend on their ability to balance the need for veteran leadership with the desire to build a sustainable, competitive team.

In conclusion, the Tampa Bay Lightning have a challenging but exciting offseason ahead. By making smart decisions about their unrestricted free agents, the team can build on its recent success and position itself for a bright future. The decisions made now will shape the team's trajectory, and the Lightning must navigate this crossroads with care and strategic foresight.

Tampa Bay Lightning's Free Agency Decisions: Who to Keep, Who to Let Go (2026)
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